Spider Silk Textile Development Breakthrough
LANSING, Mich., June 18, 2014– Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Kraig”), the leading developer of advanced spider silk based fibers, announced today Warwick Mills (“Warwick”), a leader in the engineering and development of advanced technical textiles and protective materials, created the world’s first textile utilizing Kraig’s genetically engineered spider silk, Monster Silk™.
The first Monster Silk™ textiles are knitted gloves and the first photos are available at the following link- https://www.kraiglabs.com/spider-silk-textiles/. They are considered to be the first of many textiles that are to be created as part of the Company’s joint development agreement with Warwick.
“We have been working with various types of Monster Silk™,” stated Charles Howland, President of Warwick. “We find that all of these fibers are compatible with existing yarn processing and textile formation methods. As is expected, fiber consistency is not yet at full production levels. However, for the current stage of maturity, these silk materials already have good levels of quality and consistency. We have been making jersey knit samples and will start weaving shortly. These small scale trials are key to helping identify, for Kraig Labs, areas for development for upcoming fiber production trials. We are reviewing textile properties of the samples with Kraig staff and exploring the most attractive applications for this fiber. Overall the trials are well underway and we are making good progress toward commercialization.”
“One of the biggest issues facing our Company was creating our first textile and the open question of whether genetically engineered spider silk could be successfully processed using existing textile formation methods,” said Company founder and CEO, Kim K. Thompson. “With this successful test, and the creation of the first Monster Silk™ knits, we have established that our genetically engineered spider silk works well with existing manufacturing methods. The creation of these knits is a huge milestone in our progress toward making genetically engineered spider silk available for industrial and consumer applications. The fact that these advanced materials process well on existing machinery will help speed up the development of advanced spider silk textiles.”
About Kraig Biocraft Laboratories, Inc.
Kraig Biocraft Laboratories, Inc. (www.KraigLabs.com), a fully reporting biotechnology company is the leading developer of genetically engineered spider silk based fiber technologies. The Company has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the global textile industry.
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Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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Ben Hansel, Hansel Capital, LLC.
(720) 288-8495
ir@KraigLabs.com